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Article by Kimberly Dawn Neumann | Realtor.com Featured Expertise by Jason Gelios | Realtor  Getty Images Thinking of buying a house, but not sure what you can ask for during the negotiation process? Here’s a little tip: There’s no harm in going for what you want.
“Everything is negotiable,” says Bruce Ailion, an attorney and real estate agent with Re/Max in Atlanta. “You can negotiate simple items like fresh paint, new flooring, a new roof, new appliances, and closing costs. We have even had sellers pay off buyers’ debts to qualify. No limit.” That said, you probably won’t get a seller to pay off your debt in a hot real estate market. With that in mind, ascertain what kind of market you’re shopping in (buyer’s or seller’s) to determine how much negotiating power you have. Regardless of the real estate temperature, however, here are the top things that a smart buyer can request. Article by Erik J. Martin | The Mortgage Reports Featured Expertise by Jason Gelios | Realtor  How much over asking price is too much?
In a hot market, experts recommended offering at least 1% to 3% above the asking price in a bidding war. But today’s home buyers may face less competition. In June 2022, the average home actually sold for about 1% below its list price, according to Redfin. Of course, every market and every home is different, and many buyers will still need to pay above the list price. But how much is too much? The answer will be different in each case. The best thing to do is set your budget and expectations ahead of time so you know how much you can afford to offer — and when to walk away. This will make negotiations a lot easier. Article by Gabrielle Olya Featured Expertise by Jason Gelios-Realtor  Buying your first home is a major life milestone that also comes along with a whole new set of knowledge you will need to acquire. That’s why it’s important that when it comes to making renovations — whether a minor cosmetic fix or a major overhaul — you do your research before diving in to avoid making a costly blunder.
GOBankingRates spoke to real estate experts to find out some of the most common renovation mistakes new homeowners make that can end up costing them big time. |
AuthorJason Gelios is a Husband and Father. After that, a Top Producing REALTOR®, Author of the book Think like a REALTOR®, Creator of The AskJasonGelios Real Estate Show and Expert Media Contributor to media outlets across the country. Archives
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Copyright All Rights Reserved Reach Jason Gelios Direct at 586-419-2231 jasongelios@itsallabouttherealestate.com